Gold prices hold firm as banking worries persist
ECB pushes through 50 bps rate hike despite market turmoil Traders see Fed raising rates by 25 bps next week March 16 (Reuters) – Gold...
Gold rallies over 1% as Credit Suisse crisis hits risk appetite
Flagship Swiss bank Credit Suisse’s shares slump U.S. Treasury yields tumble, dollar soars Platinum, palladium also pressured by risk-off mood Market largely pricing in Fed...
Wall Street ends sharply lower, Treasury yields dip ahead of jobs report
NEW YORK, March 9 (Reuters) – Wall Street slid sharply on Thursday, pulled lower by bank stocks and jitters ahead of Friday’s employment report, while...
Fed’s Powell sees long-term damage if US debt ceiling not raised
NEW YORK, March 7 (Reuters) – The United States risks long-term damage if Congress does not raise the national debt ceiling, Federal Reserve Chair Jerome...
Fed “acutely aware” of trouble inflation is causing – report
WASHINGTON, March 3 (Reuters) – The U.S. Federal Reserve is “acutely aware” of the challenges high inflation poses to the economy and is “strongly committed”...
Dollar clings to modest gains on data
U.S. jobless claims fall, showing labor market tightness Fed funds futures price in peak of 5.34% in July Stronger dollar will result in harder U.S....
Shares fall with oil prices amid concerns about U.S. Fed rate hikes
NEW YORK, Feb 17 (Reuters) – The S&P 500 and the Nasdaq finished in the red on Friday and oil prices settled lower after U.S....
Fed’s words in focus as markets bet rate hikes will soon end
Jan 30 (Reuters) – U.S. central bankers have unambiguously telegraphed this week’s policy decision: a quarter-of-a-percentage-point increase in their benchmark interest rate, the smallest since...
Analysis: Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
NEW YORK, Jan 25 (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through...
Strong U.S. economic growth expected in fourth quarter, outlook darkening
Fourth-quarter GDP forecast to increase at a 2.6% rate Strong consumer spending seen; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON,...